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It will launch in the European summer of 2012 before arriving in Australia in the fourth quarter of the same year.

It is expected to utilise the same twin turbo V8 and seven-speed dual clutch powertrain as the M5.

M Division is also likely to work its magic on the forthcoming 6 Series four-door, initially displayed as the Gran Coupe at the 2010 Beijing motor show. It is also likely to benefit for the M5’s powertrain.

A BMW spokesman said the performance version of the new four-door 6 Series would give BMW a rival for Mercedes’ AMG CLS 63, Porsche Panamera S, Aston Martin Rapide and Audi’s rumoured RS version of the A7 Sportback.

A BMW insider also indicated that M Division is still investigating creating its own bespoke supercar to compete with the Audi R8 and Mercedes SLS AMG.